Tagged: united kingdom

August 28, 2017 @ 2:10 pm By Samantha Hurst  |  

With its equity crowdfunding campaign set to close on Invesdor later this week, UK-based property platform Ezylet has successfully secured more than £750,000 from nearly 75 investors. Originally seeking 500,000 by the end of July, the company secured its initial funding target and then extended… Read More

August 28, 2017 @ 12:13 pm By Samantha Hurst  |  

Over the weekend, UK-based personal finance management app Money Dashboard completed its equity crowdfunding round on Crowdcube. The company secured well over its initial £1 million funding target (£1.3 million) thanks to over 1700 investors. Money Dashboard’s app notably empowers more than 100,000 users to make better… Read More

August 28, 2017 @ 8:40 am By Samantha Hurst  |  

LATTICE80, a fintech hub owned and operated by Singapore-based private investment firm Marvelstone Group, announced on Monday it is set to open a fintech hub in London as part of its global expansion. The organization revealed that as of August 2017, its UK entity has… Read More

August 25, 2017 @ 1:30 pm By Samantha Hurst  |  

With its equity crowdfunding campaign set to close on Crowdcube this weekend, Money Dashboard will finish the funding round with more than £1.1 million thanks to nearly 1500 investors. As previously reported, Money Dashboard’s app notably empowers more than 100,000 users to make better financial decisions and… Read More

August 25, 2017 @ 10:37 am By Samantha Hurst  |  

London-based fintech startup Paybase has reportedly secured a £700,00 grant from Innovate UK as it prepares to launch its new payments platform. The company stated that it provides an end-to-end solution for Payments, Compliance, and Risk – all rolled into one unified API. Paybase explained that… Read More

August 25, 2017 @ 10:19 am By JD Alois  |  

The board of directors of Monitise plc (AIM:MONI) has approved the acquisition of the company by Fiserv (NASDAQ: FISV). The cash offer will see shareholders receiving 3.1 pence per share as soon as practical and no later than 14 days after the effective date. Fiserv has created a section on their… Read More

August 25, 2017 @ 9:27 am By Samantha Hurst  |  

Crowdfunding platform Crowdfunder UK recently introduced its Funds Matchmaker, which offers advice on how to apply for funding and how to make funding projects stand out. “Crowdfunder works with partners such as Santander, Virgin, M&S and many councils across the UK to distribute money to… Read More

August 24, 2017 @ 11:39 am By Samantha Hurst  |  

Enertor, an insole company that is endorsed and worn by Olympian Usain Bolt, has successfully raised its initial £750,000 funding target on equity crowdfunding platform Crowdcube.  Enertor previously stated its insole uses pioneering technology to reduce shock and impact injury and is not only used by… Read More

August 24, 2017 @ 9:13 am By Samantha Hurst  |  

Less than two and a half years after securing £178,800 through its equity crowdfunding campaign on Crowdcube, gluten-free brewing company, Bellfield Brewery, announced it raised £430,000 through its latest funding round, which was supported by  Rod Mathers, Corporate Finance Partner and his team at Henderson… Read More

August 24, 2017 @ 7:21 am By JD Alois  |  

Assetz Capital, a UK based peer-to-peer lending platform, has announced another milestone. Today the platform has shared that investors in aggregate have earned gross returns of more than £25 million on their investments in approximately four years. Assetz Capital says lenders earned an average of… Read More

August 23, 2017 @ 4:08 pm By JD Alois  |  

Zopa, the first peer to peer lender to set up shop in the UK, has filed its annual accounts for 2016, and according to their numbers business is looking better. Top line revenue improved by 61% jumping to £33.2 million for 2016. The operating loss… Read More

August 23, 2017 @ 12:57 pm By Samantha Hurst  |  

Grafter, a platform that connects SMEs with local rated labor, successfully secured its initial £150,000 funding target just days after launching its equity offering on crowdfunding platform Crowdcube. Launched in June 2017 by co-founders Tom Cape and Richard Knight, Grafter manages the search process through booking… Read More

August 22, 2017 @ 9:29 am By JD Alois  |  

Lawrence Wintermeyer has stepped down as CEO of Innovate Finance. Wintermeyer has been in the leadership role for the past two years following in the footsteps of the inaugural CEO Claire Cockerton. The UK based association for the global Fintech industry announced that Charlotte Crosswell… Read More

August 22, 2017 @ 9:03 am By Samantha Hurst  |  

Dash, a payments-focused digital currency, announced on Tuesday it will host its first-ever conference, the Dash Conference, set for September 24th at the Oval Space in London, UK. According to Dash, the conference will serve as the precursor to the highly anticipated World Blockchain Forum… Read More

August 22, 2017 @ 8:12 am By Samantha Hurst  |  

On Tuesday, UK-based equity crowdfunding platform Crowdcube announced its collaboration with London-based venture capital firm Worth Capital to help support, fund and grow its network of entrepreneurs on their journey to disrupt the landscape of their sectors. The funding portal revealed: “Through this relationship, our Crowdcube… Read More

August 21, 2017 @ 6:00 pm By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) has become the standard by which everyone measures the growth and aggregate success of the alternative finance industry. Cambridge was the first major institution to capture a snapshot, both qualitatively and quantitatively, on the emergence of crowdfunding, online… Read More

August 21, 2017 @ 3:35 pm By Samantha Hurst  |  

With its equity crowdfunding campaign set to close on Crowdcube later this week, Money Dashboard, a UK-based firm that has created a personal finance management app, has successfully secured its initial £1 million funding target from more than 1300 investors. Money Dashboard’s app notably empowers more than 100,000… Read More

August 21, 2017 @ 3:15 pm By JD Alois  |  

Last week, Funding Circle celebrated seven years of operation. Launched in August of 2010, three friends from university concocted the concept of peer to peer lending in support of UK SMEs. That first year of operation saw a mere £2 million in loans originated. Today,… Read More

August 21, 2017 @ 10:57 am By Samantha Hurst  |  

On Monday, UK-based higher education lending platform, Prodigy Finance, announced it secured $240 million for international student funding. According to the online lender, the new investment includes a $40 million Series C equity round, led by international venture capital firm Index Ventures, with Balderton Capital… Read More

August 20, 2017 @ 9:24 pm By JD Alois  |  

IVC, one of the original venture capital firms on Sand Hill Road in Silicon Valley, is poised to take a substantial stake in Fintech unicorn Transferwise. This is a according to a report by Sky News that indicated IVP would invest approximately $60 million in the… Read More